Entreprenuer News Network Bureau 
On January 6, 2025, venture capital firm Accel announced the successful closure of its eighth early-stage fund in India, raising an impressive $650 million (approximately Rs 5,500 crore). This new fund will be directed towards investing in innovative and category-defining businesses, with a focus on sectors such as Artificial Intelligence (AI), consumer products, fintech, and … Read more
Digital Edge (Singapore) Holdings Pte Ltd., a prominent developer and operator of interconnection and hyperscale edge data centers in Asia, has raised over $1.6 billion through a combination of equity and debt financing. Backed by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, this funding underscores Digital Edge’s ambition to meet … Read more
The Indian pet market has experienced unprecedented growth, reaching a value of USD 9.95 billion in FY2023. Driven by an increasing number of pet owners and rising incomes, the market is poised for sustained growth, with a compound annual growth rate (CAGR) of 5.65% projected during the forecast period. By FY2031, the market is estimated … Read more
Boeing, a global leader in aerospace and defense, has announced the appointment of Dana Deasy as its new Chief Information Digital Officer (CIDO) and Senior Vice President (SVP) – Information Technology & Data Analytics, effective December 31, 2024. In this pivotal role, Deasy will oversee Boeing’s information technology, information security, and data & analytics operations, … Read more
The Indian D2C skincare industry has witnessed remarkable growth over the past decade, transforming into a competitive space where startups and global giants vie for consumer trust and market share. Amid this fierce rivalry, Jaipur-based Minimalist has emerged as a standout player. Founded in 2018 by brothers Rahul and Mohit Yadav, Minimalist is now poised … Read more
In a move reflecting strong confidence in India’s infrastructure growth story, the National Bank for Financing Infrastructure and Development (NaBFID) has invested INR 7,450 million in long-term bonds issued by NDR InvIT, an Infrastructure Investment Trust managed by NDR InvIT Managers and sponsored by NDR Warehousing Private Limited. These 15-year bonds, rated AAA/Stable by India … Read more
Confido Health, a pioneering healthcare technology startup, has raised $3 million in a seed funding round led by Together Fund, with participation from MedMountain Ventures, Rebellion VC, and other notable investors. This funding underscores the growing interest in leveraging AI-powered solutions to tackle critical staffing and operational challenges in specialty healthcare practices. Revolutionizing Healthcare Operations … Read more
New York-based Bit Digital, Inc. (Nasdaq: BTBT), a global leader in high-performance computing (HPC) infrastructure and digital asset production, has announced the acquisition of real estate for a 5MW Tier-3 data center expansion project in Pointe-Claire, Montreal. This strategic move aligns with the company’s ambitious plan to expand its data center footprint to 32MW by … Read more
Proxgy, a startup that gained fame on Shark Tank India, continues to capture attention with its rapid growth and high-profile investors. Indian cricketer Ajinkya Rahane has joined the list of celebrities supporting the company by participating in its latest $3 million Series A funding round. A Star-Studded Lineup of Investors Rahane is not alone in … Read more
Quick commerce platform Blinkit, owned by Zomato, has officially launched its operations in Jammu, bringing rapid delivery services to the city. The expansion begins with three strategically located stores in Trikuta Nagar, Roop Nagar, and Akhnoor Road, aiming to cater to the increasing demand for quick and reliable deliveries in the region. In a LinkedIn … Read more
Reliance Industries Limited (RIL) has successfully completed the acquisition of Karkinos Healthcare Pvt Ltd, a cutting-edge oncology-focused platform. The acquisition, worth ₹375 crore, was carried out through Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of RIL. This strategic move enhances Reliance’s commitment to advancing cancer care in India through technology-driven solutions. Details … Read more
In the small town of Palghar, Maharashtra, a 62-year-old woman named Kiran Kamdar has become a beacon of hope and compassion. Diagnosed with Parkinson’s disease in 2018, a condition known for causing muscle stiffness, tremors, and difficulties with movement, Kiran refused to let her illness define her. Instead, she embarked on a mission to serve … Read more
In just three years, Zepto has become the poster child of India’s burgeoning quick commerce industry. The startup’s staggering $1.3 billion fundraising spree in 2024, accounting for 10% of all funding raised in the year, has solidified its position as a force to be reckoned with. Not only did Zepto outpace established players like Swiggy … Read more
Bengaluru-based seafood startup Captain Fresh has raised ₹100 crore (approximately $12 million) in a funding round led by Motilal Oswal Wealth Limited, according to regulatory filings. This marks another milestone for the fast-growing farm-to-retail platform specializing in seafood. Details of the Funding Round Captain Fresh’s board approved the issuance of 1,002 preference shares at a … Read more
Bengaluru-based Leanworx, a startup revolutionizing manufacturing productivity through real-time machine monitoring, has raised ₹8.3 crore in its seed funding round. Led by YourNest Venture Capital, the funding includes ₹6.5 crore from YourNest and ₹1.5 crore from an angel investment group. Fueling Growth and Innovation The newly secured funds will accelerate Leanworx’s expansion in India and … Read more
Nodepay, a groundbreaking decentralized AI platform, is transforming how unused internet bandwidth is utilized by converting it into real-time data pipelines for AI training. The company has announced a successful second round of funding, bringing its total capital raised to $7 million. Backed by Leading Investors This latest funding round includes notable strategic investors such … Read more
